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Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net revenues $ 67,423 $ 58,865 $ 195,696 $ 171,157
Cost of revenues 54,813 46,849 158,821 137,478
Gross profit 12,610 12,016 36,875 33,679
Selling, general and administrative expense 9,426 8,145 28,020 25,287
Depreciation and amortization 509 530 1,573 1,609
Operating income 2,675 3,341 7,282 6,783
Interest expense 124 169 402 482
Other (income), net (137) (143) (208) (201)
Income before income tax expense 2,688 3,315 7,088 6,502
Income tax expense 549 870 2,036 1,830
Net income 2,139 2,445 5,052 4,672
Net (income) attributable to non-controlling interest (959) (1,301) (2,441) (3,335)
Net income attributable to SPAR Group, Inc. $ 1,180 $ 1,144 $ 2,611 $ 1,337
Basic and diluted income per common share: (in dollars per share) $ 0.06 $ 0.05 $ 0.12 $ 0.06
Weighted average common shares – basic (in shares) 21,295 21,110 21,248 21,108
Weighted average common shares – diluted (in shares) 21,589 21,147 21,592 21,152
Net income $ 2,139 $ 2,445 $ 5,052 $ 4,672
Other comprehensive income (loss):        
Foreign currency translation adjustments (1,352) 71 (2,696) (3,908)
Comprehensive income 787 2,516 2,356 764
Comprehensive loss (income) attributable to non-controlling interest (311) (1,326) (423) (871)
Comprehensive (loss) income attributable to SPAR Group, Inc. $ 476 $ 1,190 $ 1,933 $ (107)